TY - JOUR

T1 - Advancing Decision-Making: The Role of Management Analytics in Modern Business Practices

AU - Писаренко, Жанна Викторовна

AU - Иванов, Леонид

AU - Lu, Yang

PY - 2024/10/31

Y1 - 2024/10/31

N2 - Introduction. Management analytics is an evolving field that has gained substantial traction in both academia and industry due to its profound impact on decision-making processes. The inte-gration into decision making of advanced information technologies and AI drive innovative solutions within management analytics. Evolution of Management Analytics. The discipline integrates statistical analysis, predictive modeling, and data visualization to optimize business strategies, operational efficiency, and financial performance. As management practices advance, they contribute new dimensions to data collection and analysis, presenting unique opportunities to boost nanotechnologies. Methodological Advances in Management Analytics. This study explores the transformative effects of management analytics across diverse sectors by illustrating its evolution and interpreting its methodolo-gies with special focus on nanotechnologies. Applications in Different Sectors. Management analytics significantly enhances decision-making through sophisticated data analysis, offering strategic insights that propel efficiency and competitiveness. The use of management analytics in nanotechnologies raises questions regarding ethical implications and regulatory considerations. Challenges and Future Directions. However, integration complexities, data security, and the need for skilled personnel pose on-going challenges. Conclusion. This review provides insights into the potentials of the development of management analytics and its importance in contemporary management.

AB - Introduction. Management analytics is an evolving field that has gained substantial traction in both academia and industry due to its profound impact on decision-making processes. The inte-gration into decision making of advanced information technologies and AI drive innovative solutions within management analytics. Evolution of Management Analytics. The discipline integrates statistical analysis, predictive modeling, and data visualization to optimize business strategies, operational efficiency, and financial performance. As management practices advance, they contribute new dimensions to data collection and analysis, presenting unique opportunities to boost nanotechnologies. Methodological Advances in Management Analytics. This study explores the transformative effects of management analytics across diverse sectors by illustrating its evolution and interpreting its methodolo-gies with special focus on nanotechnologies. Applications in Different Sectors. Management analytics significantly enhances decision-making through sophisticated data analysis, offering strategic insights that propel efficiency and competitiveness. The use of management analytics in nanotechnologies raises questions regarding ethical implications and regulatory considerations. Challenges and Future Directions. However, integration complexities, data security, and the need for skilled personnel pose on-going challenges. Conclusion. This review provides insights into the potentials of the development of management analytics and its importance in contemporary management.

KW - Management Analytics

KW - data analytics

KW - decision making

KW - management science

UR - https://www.mendeley.com/catalogue/0a9363cc-ee60-3e09-9fb7-d966cf3c701c/

U2 - 10.15828/2075-8545-2024-16-5-431-440

DO - 10.15828/2075-8545-2024-16-5-431-440

M3 - Article

VL - 16

SP - 431

EP - 440

JO - Нанотехнологии в строительстве: научный интернет-журнал.

JF - Нанотехнологии в строительстве: научный интернет-журнал.

SN - 2075-8545

IS - 5

ER -